Mister Car Wash is up a bit on the day, funds flowing in kept the price up 1.77% since yesterday. It looks like MCW may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line MCW is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. Mister Car Wash has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.
If the price breaks through the resistance level it will probably move up to the $8.3 level where it may meet further resistance. If price gets rejected here and the short sellers move in, it may head back down to $6.71 where it may find support.
The analysts are pretty neutral on Mister Car Wash right now, so not much useful information here. The current Analysts Sentiment Score is 3.44. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. JPMorgan Chase & Co. announced an upgrade on 2024-05-03 from Neutral to Overweight and they set their price target at $8.50. Wells Fargo & Company dropped their price target by -9.09% to $10.00 on 2024-04-22. Mizuho initiated a rating of Buy on 2024-03-19 and added a price target of $11.00. Robert W. Baird provided a price target boost of 20% to $12.00 from $10.00 on 2024-02-15. On 2023-10-20 The Goldman Sachs Group lowered their price target by -28.57% to $5.00. Guggenheim reiterated a rating of Buy on 2023-09-22 and they set their price target at $11.00. Morgan Stanley announced a lowering of their price target to $7.00 from $10.00 on 2023-09-11. William Blair initiated a rating of Outperform on 2023-09-08. Piper Sandler upgraded from Neutral to Overweight on 2023-08-28 and moved up their price target to $12.00 which is a 33.33% increase. BMO Capital Markets provided a price target decease of -15.38% to $11.00 from $13.00 on 2023-05-03.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| MCW | 3.44 | 4.38 | 0 | 3.2 | -0.7 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| MCW | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| MCW | 10.4 | %12.9 | 6.5 | 10.032 | 11510000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| MCW |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
